Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.B

Primary Symbol: T.BBD.A Alternate Symbol(s): BDRXF | BDRAF | BDRBF | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRPF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

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Bombardier Inc. > BoC rate cut

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Post by stockitnow on Jul 24, 2024 8:25am

BoC rate cut

Since bombardier keeps it's books in USD, a rate cut makes Canadian labor cost cheaper as bizz jets are sold in usd and assembly cost is in cdn.

I recall UTC/RTX breaks down gain/loss at Pratt Canada when USD goes down/up.

Has anyone seen/read how the FX impacts bbd?

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Comment by stock4life48 on Jul 24, 2024 9:18am

It would make sense as labour is in CDN and the jets are sold in USD, a weaker CDN dollar would benefit BBD. However since all parts and components are largely bought internationally, likely in USD, it shouldn't matter much. I recall something about in a previous ER that 1 cent drop represents an extra x million in profit, but I forget the number On a different note, as a consumer, I ...more

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